Thank you thank you Foreign thank you Thank you Brother Brother oh brother hello hello hello and happy March 1st Wednesday March 1st I Hope everyone is having an absolutely fantastic morning! I Hope you had a great night. Let's get rocking with the Matt core show today where I'm at your course and together we are the show. We're just under 30 minutes before that Bell goes dingity ding ding ding so we should probably get prepped for the day. We have some important news related to Binance.

It sounds like they did some sus things similar to FTX. We have to talk about Nvidia which is now doing a up to a 10 billion dollar offering. we have to talk about woke Ai and we have to get into some of the other things including earnings such as AMC Lowe's Rivium. We have a lot to get into, but before we get into that a little bit of a sad update.

uh Toby Keith died not Toby Keith the singer who is probably one of the best singers of all time Toby Keith my Hogwarts character I somehow just deleted the character last night. So the time that I put into making Toby Keith one of the best wizards in the land. uh, he didn't survive. He did not survive the deletion and I was what you would call perturbed or angry or deeply upset last night.

So we had to do a couple extra crying sessions in the shower this morning to get over it. But luckily for me and this is actually true. Uh, the robot has been trading and the robot which I think I'm on iteration like five or six or seven or 17 or maybe 40 by this point I don't know I've been doing a lot of changes to the robot but I kind of locked in its code on Monday of this week and ever since then it has been rippity skippity doodah. So uh, we could definitely go over that.

We'll go over that and that's more on the Futures Market my own robot. Remember, if you want Sharpie to robotically trade the equities Market I mean in the description of the video, make sure you use codemat to get the discount. But other than that, we've been doing a lot of Premium selling. The premium selling has been going well, but my directional bets those puts on Tesla those puts on the cues uh, thus far are deeply underwater and I'm getting a a little bit worried about how that's all going to play out.

a little bit worried about how that's all going to play out. So we're going to be going over everything that you need to if you have questions about some chart reviews. If you have questions about the AMC earnings that video is up. If you want to listen to it yourself, feel free AMC Kind of beat on earnings, but then also it went down like because what Adam Aaron was saying was that by no definition of the word um I guess comforting.

He didn't really like. He basically just said hey, please vote for us on March 14th but we think everything will be fine. Basically, he's begging that everyone gives him the power to ultimately dilute the stock to try to figure out their five billion dollar debt situation. Obviously, you're an adult.

it's up to you on how you want to vote or not. If you have questions on that, we could go over it. Um, but if you want to listen to it in detail, it is up on the channel. it's on both Rumble and YouTube.

Um, so that's the plan. We're gonna kind of go over the news this morning. We're going to look at the current positions, we're going to do a little bit of review, and then the Bell is going to be going dingety ding ding ding. After that, we do have some important stories we should get into.

Just so, what's going on in the world of AI Tick Tock is now limiting people who are under the age of 18 to only be on Tick Tock for one hour out of the day that the development that just broke Kai's net is now the largest streamer based on subscribers of all time on Twitch. So shout out to him not that he knows who we are at all, but it is still impressive to see people achieve that particular level. If you haven't already, make sure you sign up for the goonie Community and this pinned to the top of chat it's in the description. The video starting today I will be rolling out a newsletter in this newsletter.

it's going to have your daily breakdown of what the seasonality for basically the next day is my current positions, my closed positions, my new open positions. a lot of it is going to first start with that call Premium stuff and then from there I'm going to start doing the trade call outs of like when you would enter and when you would exit based on the robot but on a larger time frame. Once again, that will be probably. We're going to kick it off for this week.

I Want to give it a test ride? um basically for the month of March to see how it is. but if you guys want that newsletter pinned to the top of chat in the description of the video, your first newsletter should be hitting your email inbox today if you want to try it out, but you're like hey, I don't know if it's for me I Don't know if I want to spend this ten dollars a month? Enter the code Goonie G-o-n-i-e and you will be able to get one month access to that premium membership for free so it's no harm, no foul if it's not necessarily for you. but I do believe that you're actually gonna really, really enjoy it. So with all that being said, this leads us to potentially the most important thing of today's stream, folks.

I Mean you need everyone to shut up for a second if you're talking. if your manager's talking, if your kids are talking, if your teacher's talking, if your students are talking if your congregation is talking I Don't know who's talking around you, but everyone, you're just gonna have to settle it down for one quick second. Just tell everyone I mean they need everyone to join me for a quick second and applauding the artist and producer of the show, Chaos. and Roswell it is his birthday today so everyone, let's get some.

Applause Let's get some birthday cakes Rocking! It is Chaos and Roswell's birthday today. so the man who makes the art the most Superior could be and produces everything and also acts as my therapist most days. Uh, let's applaud him. It is his birthday.

Happy Birthday! Happy Birthday Happy Birthday! Um, he made a killing last night. He made a killing last night Sports Gambling I believe he's gonna be probably doubling it all down at the casino today, so let's hope that his luck continues. But yes, the man who makes basically all the music, all the art that you all like. The guy, the guy behind the scenes that make this all happen.

Um, give them a shout out if you see him on the streets of Vegas today. Wish him a little bit of luck. Everyone sent me money. Oh that's messed up I Like it I Like it I Like it I Like it all right.

Happy Birthday Chaos. Happy Birthday. Happy Birthday! And with that out of the way, let's get rocking on the day. So right now marking a little bit of a gap down scenario I Actually want to call that out to you right now? Uh, looks like we have yesterday's low is 396.26 We're currently trading at 395.18 which means there is an upside Gap fill opportunity to yesterday's low of 396.15 So I want to put that on your radar? Stock futures rise Wednesday to start a new month of trading.

So typically there is a seasonal bias towards the start of the month being positive just because if you think about a lot of the big players uh, big Banks big retirement accounts, this is the time that they're getting a new influx of money. because think of the common payment schedule in Corporate America So a lot of times you see money coming into the market at the start of the month and mid-month because a lot of people are on the two-week payment cycle. Uh, just want to throw that out there. and actually today's seasonality it does back that up.

So for the first day of the trading month, the S P 500 seasonal bias for March 1st The Bulls have won this day over the past 25 years 72 percent of the time and the profit factor is pretty good 2.64 So the seasonal bias? Clearly both. Now does that mean today has to be green? No, There's no such rules. And in fact, right now we're kind of seeing a little bit of a pessimistic start to the day. But I Just want to let you guys know that.

Yeah, okay, there is a little bit of seasonality to the upside: I Want to let everyone know uh, kind of what's going on there. As of now, the Dow, the S P, and the NASDAQ are all slightly red. all down about point two point three percent oil. It did actually pop a little bit yesterday, just below 77 a barrel and yields ever up ever so slightly.

So what you need to know today in terms of macroeconomic reports: As I started this, so did Uh. Kashkari The Minneapolis Fed President started speaking so he could be the dude driving the market to the upside to the downside. So be on the lookout for any tweets about what Kashkar is currently saying. Today is a big manufacturing day at 10 A.M We are going to get the ISM Manufacturing numbers.

As of now, the estimation is 47.6 This report comes out 30 minutes into the trading day. It's not the most massively important number, but it is important, similar to the one that comes out at 9 45 U.S Manufacturing PMI So we get the PMI final and the ISM Manufacturing. Today is the day of Manufacturing Economic reports. Not like we're making them, it's economic reports related to manufacturing I Want to make that clear? But anywho, uh, 9 45 10 AM We do have some reports coming out.

It's not as impactful as the Fomc results or the unemployment or the CPI or the PC, but still an important one that tells us a little bit about the potential imbalance between demand and Supply. So uh, just so you know, the Market's going to go open 15 minutes later, we get one report. 15 minutes after that, we get another. Stubborn inflation will remain at very high level according to the German Central Bank President.

This just came out this morning, and if you look at the market, that's pretty much when the time started following because the world is starting to come to the realization. Actually, now if you look at the bond market, there, they are now pricing in no chance of a rate cut this calendar year. Um, so before in 2022, especially mid-2022 If you look at the run from mid July to mid-august everyone's like, oh, we're getting rate Cuts in 2023. it's going to be great.

It's going to be great. Everyone should be bullish, everyone should buy. And we were all kind of sitting here saying hey, that doesn't make much sense And now the world is starting to agree with us because remember in here us: The Goonies We're the ones who run the market. We are the ones who are going to be running all of it and they finally realize that we're right and we are getting no rate Cuts this particular year because inflation is simply too high.

Now on top of these economic reports and just really developments that tell us of the state of the economy, we are still getting some earnings. So after the market closed, we had Rivian which missed and went down AMC beat but ended up going down this morning. we had Neo we had Wendy's we at Lowe's so we could go over those after the market closes. Today we have Salesforce we have snowflake Thursday we have Best Buy we have Macy's we have CostCo we have ai.

This could be an interesting one just because of the recent Insanity in the world of AI. So I just want to call those out for all of you. Feel free to screenshot this or you could go at ewhispers earning Whispers on Twitter Very useful account. So this is the main earnings prediction that I had for all of you and it was a simple one.

This was not some sort of big brain amazing genius call out. this was super basic. Lowe's offers soft sales Outlook as Revenue misses expectations I called out that Liz was going to miss. Why was this so simple? Because Lowe's is extremely similar to Home Depot and last week Home Depot missed.

This wasn't some big brain amazing understanding of the economy and some shrewd, informed businessman call out. This was me, kind of like a dumb ape saying oh wow, these are very very similar and one did poorly. This one might also do poorly because they're similar and that's exactly what ended up happening with Lowe's So if you look at Lowe's right here. earnings per share adjusted.

it ended up eating there and then if you look at the revenue, it missed. but it kind of that mixed scenario. But really, the big thing is it seems like companies in terms of their stock the what's representing the value of their company is really really reacting to these future guidance call outs and offers soft sales. Outlook That's exactly what Home Depot did.

Uh, not so good. not so good. General Motors Cuts 500 salaried employees. So now once again, we are seeing more and more large companies, obviously feeling the financial pains at the time cutting more and more employees.

Qualcomm CEO says he's expecting Apple to use its own modems in iPhones in 2024. Now this is particularly interesting. A couple of years ago I think two years ago that's when Apple and Intel broke up. So the processing chips.

The Semiconductor Company Intel was creating the processing chips for Apple and now Apple's like you know what? we're going to bring it in the house. We'll make our own now. They have those M1 M2 chips which are very very impressive, but they brought them in-house now. Qualcomm says uh oh, looks like Apple is probably going to be doing that with all the major pieces of its Hardware So this could kind of be a hit, so uh, just want to call that out for everyone and then also right here just in the world of tech and Tech developments, this kind of broke early or I read it early this morning, but it technically did break last night.

Nvidia Files mixed shelf offering of up to 10 billion as Nvidia is selling to the market to raise money U.S Shipmaker Nvidia filed a mixed shelf offering as much as 10 billion with the SEC yesterday. Tuesday The mixed shelf will include shares of common stock, preferred stock, warrants, debt Securities and purchase contracts. This is going to be a nice chunk of change 10 billion and it doesn't say it has to be 10 billion. It's up to 10 billion.

but basically in videos, raising Money and I think a lot of the market right now, at least according to Fintuit is basically I mean there's already a lot of memes they're using the memes from Margin Call about this one. but the way I would interpret this is basically in videos like, well, hey, we're at an elevated price. why don't we just raise money off of the new elevated price and we'll just use the money for typical Business Development And it's kind of awkwardly signaling to the public that now they almost think that they're overvalued. So one thing you could do is when you're buying stock, it's common to be undervalued.

but in the current position that Nvidia is in to do this I don't think it's going to really be building up much I Guess belief in the current price of it being an accurate price and I feel like I'm just gonna get lucky with that by like pure happenstance I ended up selling call Premium against a video and I think that this will pay out pretty nicely South Korean Startup rival to Nvidia seeks 400 million valuation and plans new AI Chip Sapien Sapien sapion I Don't know how to pronounce it, but there might be a new kid on the Block going for 400 mil. That's a pretty decent way to get rocking with it. But AI is here to stay. these Gpus, the graphic processing units.

They're here to say whether it's crypto, whether it's AI, whether it's data centers, just the advance in our technology. I'm very bullish on the world of semiconductors at minimum for the remainder of the decade just because of the way everything's trending. How could we not be using it More More and more. Five things to know before that belt goes Diggity Ding Ding ding Today Wednesday March 1st the first day of the rest of your life in like a line, potentially out like a lamb.

So I wanted to point out or really remind you of the seasonality of this time period. Remember from mid-February to mid-march From a seasonal perspective, it is bearish. That doesn't mean from mid-February to mid-march every single year, it has to be bearish. But right now, there is bearish headwinds that the markets are going to be running into.

Just from a seasonal perspective. That's just roughly this time range. But for today, individually to kick off the month, well, I showed you the seasonality over there on locals. It's actually pretty bullish.

General Motor Layoffs Just another company suffering from the economic Times More retail Caution: Um Target did okay Home Depot Miss Walmart Missed lows now Also missed mortgage demand sinks not so good 28 year low I Know some of you listening right now are actually involved in the world of real estate I Mean that's just brutal demand for mortgages to buy a home at a 28 year low I Think homes are going to go down in the like. Let's just say the medium term eventually. I Very much believe in real estate coming back, but it's just with the FED jacking up rates people they can't buy as much home as they want to. Rough report for Rivian: uh rivin going the way of losing.

Kind of getting smacked pretty hard there so we can actually check out where that is. uh early this morning. Uh so here's Nvidia here's AMC and ape uh Rivn I believe is the ticker got crushed after the market? Yeah, Rivian currently down 6.75 the AMC 8 combo uh dropped 4.6 yesterday currently down 6.2 percent and Nvidia sold off pretty hard, but it's actually now right back to break even where it closed out yesterday. Overall the overnight session the market try to make a recovery and then early this morning basically right around when we started getting the reports from Germany saying hey yeah, no inflation's still pretty bad.

That's right when the market started selling. So that's the the theme of the day. This is where we're starting. The major thing I want to call out to you is there is an upside gaffle on the spy.

In fact, let me send that out to all the locals members once again pinned to the top of chat in the description of the video If you're not a member of locals. My question to you is what are you doing There is a free version and there's also a paid version. You could get the premium version for free for a month by putting in the code goonie, G-o-n-i-e pinned to the top of chat in the description of the video. Sign up.

At least get on the free version. that's just basically like an email listserv, but starting today I will be rolling out with a newsletter about the seasonality, about my robot trades, about all the premium selling. So if you want kind of more of a nice easy to read condensed way to pull all this off, make sure you're on locals and give it a try for a month and see if it's for you. I Think you're really gonna like it? Uh, but anyway, let me put this in: Spy Trade Idea: Spy Trade Idea: Upside: Gap Fill to 396 15.

uh I mean that's a pretty good 65 cents 75 cents. We're gonna have to see where the market actually opens up, but let me put that up. Upside: Gap Filter to 396.15 and what is today? Three One the first call out of March All right, we updated that there in locals. Um, this is going to be a great time for me to answer some of your questions.

A little bit later on, we're going to be talking about woke Ai and where that's going and then some craziness between Elon fighting with China Later we're going to be talking about Binance and how some of the recent movements are eerily similar to the type of crap that FTX pulled out. So we're going to do that after the Market opens. We're going to wait those first 15 20, 30 minutes. and then we're going to talk about Bare Minimum Mondays and how people are just really liking the fact that people are working less apparently.

uh, like this is real. this is a real article posted in I Hesitate to say a real business publication because it's Business Insider But yeah, I guess bare minimum Mondays are now All the Rage which absolutely blows my mind. So that's what you have to look forward to after market opens. What do you think about Nvidia 225 put 317 I Picked a few contracts yesterday I'm trying to play reversion.

Do you think the offering will tank the stock I Don't think it'll tank the stock I Think it's still going to be highly Associated and highly correlated with what's going on in the world of the NASDAQ QQQ So if the queues break down, if the cues can snap 290 right here, you're going to be looking good. Let me see actually what Nvidia's chart particularly looks like. Um, so there might even be a gaffle you need Nvidia to snap the low of Friday the 24th if Nvidia comes below 229 I Think you're going to be looking pretty good on that with your time frame I Like it. Maybe if I wanted to be very specific to me I'm like I wish you had one extra week in that, but 225, you're not even like going I Actually like that.

Obviously your risk would just be this recent high and let it play out. My only thing there is like okay, maybe if you had one extra week it would be a little bit more calm. but I Like that. play I Do think that this offering will be received in a bearish manner because they're increasing the supply.

Classic increases Supply If demand stays the same, you're going to see a natural drop before that Bell goes dingy ding ding ding I Need you guys to do a couple things. First of all, this is the perfect time to ask your questions. If you have questions about a chart, some options thing, the recent earnings, this is the time to let it fire. And as you're getting your questions ready, do not forget to hit the like button very much.

helps me out with the battle Leaderboard on Rumble and helps me out with the algorithm on YouTube. So if you're watching this right now, liking is completely free, but it very much does help me out. and the thing that helps me out more than that is hitting that subscribe button. If you like to talk about stocks, Futures options, crypto, crying in the shower while your robots trade for you, this is the place for you to be.

So hit that sub button, Hit the like button. Thank you, thank you, thank you I Truly appreciate it I Know it is annoying to remind you, but obviously when I do it I see a spike in the numbers so it is very very beneficial. I Appreciate it. Thanks thanks, thanks, thanks thanks Thanks! Any advice on trading diagonals, there is some mathematical breakdown of how to pick them, but it's really not that different from like let's just say, like iron Condors If you're doing that, diagonals on both calls in the put side like instead of just rolling out that farther one like you're buying one call far out expiration and then you're selling the call.

Selling call, selling call selling call. Um, it. To me, it's very similar to call Credit spreads. It's just instead of a vertical, you're doing a diagonal.

You might want to get into a little bit of the math of like okay, how to prick the Deltas and that stuff but overall I like it I I think it's actually a really strong strategy. um I would say it's like a little bit more advanced on top of call Credit Spreads put credit spreads I Feel like that's the match. the next natural thing to learn about. but I am a fan I'm definitely a fan.

Definitely a fan. Let me make sure the audio is right so I don't blow your ears out. uh Emily Cores does kind of look like Matt uh man, there's not many cores in this world and before this I didn't know who Emily Cores was. There's no relation to me whatsoever, but she's crazy I Saw the video of her and I listened to it and she just seems like a person who's like absolutely off a rocker and is kind of like upsetting to me because uh, it, she's besmirching the core's name.

uh, coin at 65 I Sold the 85 calls against it so that's still looking good I mean coin went up yesterday. Uh, Crypto is bouncing back a little bit right here. Bouncing right. especially Ethereum.

You see it bouncing off its trend line you see in Bitcoin a series of higher highs and higher lows I think especially with the recent developments in Binance right here. Binance's asset shuffling eerily similar to Maneuvers by FDX I Don't think this is going to end well for crypto I Think if Binance gets screwed, there's going to be some problems. Um, obviously. I Hope people aren't getting screwed over by this, but this is a good reminder of not your keys, not your coin.

If you have crypto, make sure you have it in your own wallet. I think Cold Storage is the way to go. But there's absolutely no reason to keep your crypto on an exchange. There's absolutely no reason to keep your crypto on an exchange whatsoever.

All right, it's Forbes If it goes down, BGC will be yeah, If Binance gets rocked, there's going to be a big issue with Bitcoin. So I just want to call out that risk to all of you. I'm still very, very, very supportive of crypto in the long term, especially Bitcoin but they're I don't think we're necessarily out of danger yet I mean I think people really need to realize how big of a deal the whole FTX debacle is and I just don't think the Ripple effects um are done Rippling if you will. I keep all of my crypto on the cloud this meta mask safe.

Once again, there's I guess gradients to being safe I mean there have been people who got scammed on metamask I find it easiest to keep it in a cold wallet, but that's just my own, uh, opinion? my own opinion Emily Coors Looks like what would result if Matt's cousin boing to chicken. Very descriptive. Are you an English major? I'm a Nigerian prince that nice hair today Eddie I Appreciate that there was one little follicle that was out of place there. but I do appreciate it.

I used to be engaged to a Nigerian prince. He dumped me for a YouTube chat. What is going on on Rumble this morning? All right folks, let's get ready. AMC Earnings Whack.

Um, out of the people who listen to the AMC earnings last night or maybe this morning, the people who went over the AMC earnings I'm curious of your thoughts on it. Did you leave it feeling bullish? Neutral or bearish? for the people who kind of followed it I Mean it is not doing well I mean down. I mean between these G's over nine percent lost four and then lost another five not not looking so good. The combo the combo of AMC and it went from 921 down to 872.

Voyager is moving everyone to Binance right as of now? That's what they're trying to pull off, but it's not a done deal. Bearish, neutral, neutral AAA Dodge All questions of value. Oh well, of course that's what they all do. If it's a question that they don't want to answer, they're going to dodge it.

and then it's a if it's a question that makes them look better it, they're totally going to be into it. Shout out to: Prophet Kashkari at the Feds next meeting I'm open-minded to on 25 bibs versus 50 bibs. Much more important that we signal in March in the March Dot Plot I Think 50 bips would overdo it I bet we get another 25 bips and honestly, that's what the market is currently pricing in. I Don't think we're gonna get it like if we got a 50 bips at the next meeting, the market might be under a little bit too much downward pressure.

I Think that 25 bips keep the kind of signaling to the public that yes, they are fighting inflation. Uh, but 50 bips might be a little bit heavy-handed, might be a little bit heavy-handed. The casino is open. best of luck to all.

Play responsibly, if not, have fun. I think that one we could particularly donate to dedicate I Should say to Chaos because I think he's going to be spending quite a bit of his day at the casino. Um, hopefully he's He's betting on his lucky numbers in roulette. Hopefully he's betting on his lucky numbers in roulette.

Remember, there is an upside Gap film on the Spy to 396.15 We'll just add an alert there. um just to give you guys a quick review which has happened. What was this alert for I don't know what that alert for but wasn't the upside Gap fill What do you mean I guess it was. Why did my alert just break? okay I had to turn it back on for whatever Am I losing my mind? All right I don't know why I can't create it? What is it? It is 396.15 396, 15, 396 56 15.

all right actually I need a text? Uh okay, is that your cat? no that's my the alert because people got mad. The other alert was pretty brutal. Oh I do what? I want to show you really quickly as we're going for the Gapville. um the it's been destroying it lately and by it I am talking about my is this right? This doesn't seem right.

the Rope my thing is going haywire over here. um the robot went nuts between here I'll give you guys a little sneak peek right here. Uh, the robot that I'm like I said this is on the Futures Market this is my own thing. It went haywire last night and the uh, blue lines.

the teal lines are profitable trades and the red lines are losing trades. Uh it. it's been crushing it and from yesterday until today it is up 398 dollars and this is on a 3K account. so it made 10 of the account.

I mean even early this morning? Maybe I could show you better right here. even early this morning. look at the trades that it's been bagging in. last night.

it went short and went short collected. uh, then went short again, got beat up on that one, then went long, made money there, and then went short and made money. You guys can't see that too. Well, um, so short short.

Then try the third short. This was a loser right here. So big winner medium winner small loser medium winner medium winner. Um, this robot has been on fire currently up 398 and this is fully automated, fully fully automated.

I Don't hit buy I don't hit sell. The robot does everything for me and a lot of these trades were locked in when I wasn't like kind of hanging out with all of you folks. So I think in celebration of the success, we should do a little bit of uh, where's our Wall Street song, where's our Wall Street song Here We Go Shout out to the robot trading slave Wall Street Wall Street Wall Street uh, why does Voyager own Alameda anything? Why is half of binance big going to Alameda instead of Voyager customers makes no sense. Uh, because of the like the deals that were struck beforehand.

they were bailed out like Voyager was getting their bailout money was coming from Alameda and then obviously it blew up like I'm not saying it's smart or I'm happy about it. I'm just saying that that's the legal deals that were struck beforehand before the blow up. Nvidia Bullish. I Don't see how they just released an offering.

Uh, they're just increasing the supply I know. Adam Aaron will tell you differently, but he's also wrong. Offerings do not increase stock price he's full of. If you're thinking that offering should increase it, because if you read Adam Aaron Suites please understand that that's a bold-faced lie.

What's your cost? round trip on Futures on tradestation. Uh, I have it written down where is it for The Minis It's a dollar fifty round trip. 75 cents to enter, 75 cents to exit. and for the micros, it's 50 cents.

25 cents enter and 25 cents to exit. Mine's a little bit better because I've traded so much on them. It starts off like in the worst case scenario. it's three dollars round trip for the mini and one dollar round trip for the micros.

but I was able to get mine cut in half just because I've traded x amount with them. and there's even better deals that you just the more and more you do business with them, the better deals you continue to get. Do you want higher or lower than the previous number on the report coming out? Uh, Dan It depends on what report we have. A couple reports coming out.

Uh, let me make sure that's pause if binance is being fraudulent, they need to fail for crypto to get a real valuation. I think that's fair I think that's Fuji I'm in. Agree: if they are fraudulent, that might be the the final tight in that falls that brings it all down. Uh, if like I don't want to call them fraudulent.

this is all kind of uh, we'll go over that forbespace we'll go over that. whatever. 10 10, 30 something like that 10 15. we'll go over that like we'll just call it 10 15.

Um, so I'll go over the report for you. This is breaking as of last night this morning and people are getting a little bit nervous of if it happens to be true. Karthik Matt I Hope you never stop streaming Karthik I Hope you never stop never stopping I Love that pop star movie. Never stop never stopping this buy it's time for AMC and shorts I Have to cover.

Uh, it might all right. What's everyone's vote on the day? Please comment red or green for the overall Market Red or green From This Moment Despise at 395 and some change from here till the end of the day when the bell goes dingy, ding ding ding to close things up. Where do you think it will be? Where do you think it's going to be? Red red Pump It Up Red Red We getting blasted Red Green green Green Icy blood Red Green Green Green Green Green Red red red Red Red I'm biased towards the red I'm also biased. A quick review of all my current positions: I Just want to be as transparent as I can remember: I Started this account with ten thousand eighty dollars and I all I've done in this account is sell premium.

Uh, and I started it at the beginning of last week. so we're a week and a half into it and I've basically made just under 400. So I just want to show you that it is possible to make good money like I Think a lot of people underplay it because they understand that when it comes to options like you can make crazy money if you buy like a YOLO call YOLO put but if you're taking a low risk, low reward High Consistency A high consistently trade setup, system mechanism. whatever you want to call it, this compounds very nicely.

I'm a week and a half into it and I've made 400 bucks. I'm not saying that that makes me the best Trader on this side of the Mississippi but when this starts to compound, it will make me the best Trader on this side of the Mississippi So the Tesla vertical I put this in locals yesterday I Made this trade at the end of the day I sold it at 70 and I'm currently up 10 cents. Remember when you're selling premium, you create the position sell to open an Sto so you want the number to drop to make money. Um, so I got in at 70 currently trading at 60 up.

good money on that. The other Tesla position I'm in at 27 currently trading at 28 break even there. Uh, we're talking about meta I'm in at 33, that's at 32 so slightly up there. Netflix in at 38 currently at 44.

that one is just a matter of time I just need to wait for Theta Decay to really start going in my favor. Uh, on the cues here: I'm in at 38, they're at 24. I know you can't see it because my big fat head uh I wish I could sway. but this one right here that I have highlighted I'm in at 38, they're training at 25 and then finally in the bottom coin is at 50 and they're trading at 38.

So the only one I'm underwater on is NVIDIA and honestly or excuse me Netflix right here. Uh, Nflx, I'm in at 38th. they're training at 45 but I think that's just a matter of time like I I don't see Netflix exceeding 347.50 by March 17th. so that is one.

and then the one that I'm worried about are the ones where I try to do directional plays I have cue puts and I also have Tesla puts that are not turning out well for me. And this actually kind of shows you that maybe it's just better to sell premium. So I have Q puts March 17th for 288 Uh, those are currently down 16.3 percent and I have Tesla puts 175 for March 17th, those are down 67. So uh, without those positions, this account would also be up.

So if I'm not one like I mean it's pretty evident what's going on that premium selling, at least for me recently, has been far better than these directional plays. Anyway, we're looking for this upside gaffle right here on the Spy to 396.15 Called that out before the market open. It's just an upside Gap though they don't always hit, but the odds surrounding upside outfills are extraordinarily good. so I feel like those are pretty easy call outs.

Nflx trading at 3 22. I Was just wondering why I was underwater on this and I like it would have to go up 25 I just don't see that happening. Um, so I'm happy with it AMC popping a little bit. still right on the day.

Uh, looking for the Spy to hit this upside gaffle? Do not forget in five minutes, in less than five minutes, there is going to be the U.S manufacturing final report: Uh. and then at 10 am so 9, 45 and 10 AM we get two different manufacturing reports so we're gonna see how the market reacts to that. so be on the lookout for that, especially if you're about to make a day trade or something. Maybe you want to wait till after the reports come out.

or maybe you feel like you have a particular insight into what the reports are going to be and you're feeling really, really good about it. I'm very excited for Tesla to come down I Need this trading at like I need this to break 185 like I would be so excited if this can get below 190 today. I mean just that position so bad I'm down 60 and at one point I was up 25. That's just a stupid undisciplined trade.

Um, a very stupid undisciplined trade on my part. Hold up so the Streepy will buy and sell for you I'm about to use your code for sure if that's the case. Oh yeah, that's what. So Street Beat.

They have very strategies and you put the money in the strategy you want. So their Flagship strategy is earnings call. They have a bond training one. they have, uh, top government contract.

They have a U.S house. they have a U.S Congress They're about to come out with an inverse CNBC They're about to come out with an inverse Cramer but you do nothing. Sean You just put your money into it and it does all the buying and selling for you. Um, actually, let me check my Street Beat right now and see where we're at.

Uh, let me I'm opening up my street B Uh, where are we? Where are we? Yeah, so I'm in the top government contracts I'm in the bond ladder and I'm in the earnings call. Um. and I I'm just in it for a week I have two thousand dollars that I still like in cash I funded the account with 10K Um, right now it's at 9900 so I'm down about a hundred dollars. Uh I wonder where that and they tell you their trades and what they were in.

They might have got busted up on a particular earnings play or something. Um, but for me, it's one of these things that I almost don't want to check it daily. Uh I want to put my money in and I just want to sit I just want to sit I just want to sit. Um so I'll put that money in and if I like it after the first month, I'll put even more money in and that's all it is I don't have to buy I don't have to sell it.

it just takes care of it for me. Uh, what is there minimum amount of time you have to have it invested? Nope. you can pull it out. And also to open the brokerage, you don't even have to have a minimum amount to open the brokerage.

Some of the strategies have a minimum amount. It's like hey, we think you should at least have a hundred dollars in it or we think you should have at least 500 and then like something like that. But that's different from strategy to strategy. but if you're on The Brokerage You also don't have to use the strategies.

You could also trade it like a normal brokerage and just buy and sell the stock that you want. It's a non-payment for order flow. uh, brokerage? or you could do both. You can mix and match.

Uh Matt can you please take a peek at BlackRock should be some Uh BlackRock BlackRock All right Uh Black Rock BlackRock BlackRock BLK Uh so it's at Support right here. I Always get a little hesitant shorting it at Support because it could bounce but it is looking heavy. but this has been such a direct sell you might just want to wait till like Confidently breaks below 680. my issue here is I I Understand why you're looking to short it? We have a triple top scenario is that Support My issue is like what would you risk like I'm looking at the risk to reward ratio.

It looks like it just finished a gap fill. There is another Gap fell down to 638. My issue here is I like the short I just don't know my wrist point the wrist Point seems like it'd be far away at 7 42 and I'm hesitant that 703 might be a little bit too close like you might just get unfortunately whipped. So I understand your thesis I Just don't know if this is necessarily the the time to get involved in it, at least for me.

at least the way I look at it. Um, someone just said Crap Face AMC is ripping. You realize AMC is down 1.5 percent, right? It's It's difficult to say something is ripping when it's red. On the day, it was decent intraday action, it went from 665 to seven dollars so it went up 30 cents.

but it's also just up 30 cents. Thank you! Uh Tesla I Just want this to break 200, Break 200, Break 197, Break 195, Break 190. I just need this down I'm still a supporter of Tesla in the long run I am. but it's just like I need to get out of that position at this point.

I'd be pretty stoked to get out for break even with crazies on Friday of last week. I think I had the opportunity to get out for a profit and I just thought it was going to keep selling. Um, well, looks like the market like that 945 report right here. you can see the burst in price action.

You could probably see the burst not so much in volume yet because the minute just started. but pay attention to the volume. but the price action uh, obviously was pretty good. Let me get the numbers for you.

So the first of two manufacturing reports are is now out uh Us S P manufacturing PMI Final: 47.3 and the forecast was 47.8 and the previous was 47.8 So it looks like a slight Miss which now the Market's liking. but remember we're not done yet. First of all, let's see if the first movement the first minute movement is actually going to hold and then we have a whole nother one coming out at 10 A.M Um so first initial pop and it was a slight Miss Once again, we were talking about the S P manufacturing PMI Final actual was 47.3 and the forecast was 47.8 so off by half a percent and that's one of two. We have a Fed member speaking today and then there's one other thing I believe is Citadel not reporting data today What what does that mean is Citadel not reporting data today I don't quite follow what you mean with that one Citadel not what what data would Citadel be reporting Matt Do you have a compilation of algorithm trading commentary? how to platform Concepts Uh, hoping to find the best resources without filtering through the day today? Um, not really.

I mean I have some you can look Kyle you can look on on YouTube There's an old playlist I think under training Essentials where I talk about some trading like just like I think the first video is systematic training and kind of like what it is and like how I like to think about it. Uh, we're about to go for that Gap Bill Uh, we're about to go for the Gap though, about to go for the Gap vote, About to go for the Gap film. Uh, Gap Phil hit. You're welcome.

You're welcome. You're welcome. You're welcome. You're welcome.

Um, there is a playlist. It's not the most built out, but really, there's not a lot of videos in General on the Internet of systematic trading. There's some more now that people are talking about like chat Gbt and that. But they don't talk about what you actually need to know.

They don't talk about curve fitting, They don't talk about optimization, They don't talk about risk management. They just talk like, hey, this strategy theoretically made money in the past and I bet it does it in the future and that's very dangerous. It's a double-edged sword. I Like the fact that people are getting a little bit more involved in Ai and systematic trading.

but they're also talking about something that maybe they don't fully understand. because a lot of the times people curve fitting is probably the worst trap people fall into when creating a system. What they do is they create a model that's perfectly explained in the past and it has a high win rate. high trade, average trade profit High Profit Factor But they don't understand the the value of out of sample testing They don't understand Monte Carlo Test They don't understand robustness testing.

They don't understand a lot. That means in the future it might not perform at all and that's what Curve fitting is is. They've created a model that perfectly explains the past but is not going to be predictive of the future. Um, and what? like I said, it's good and bad because as more people get involved in it, eventually they're gonna stumble across what they need to learn.

But I'm just a little hesitant that at first people might get busted up a little bit by making strategies that they think are quality but actually aren't if that makes any sense. How has Pavlovski not figured out that he needs to message to the market? Red? What do you mean by that red? Severn Where is where I'm at right now? Rum is up slightly on the day up. one cent trading just above eight dollars. How has Pavlovski Chris Pavlovski is the CEO from not figured out that he needs to message to the market I Don't I don't follow what that means Uh, course should do a tutorial on ETFs and the players since they have been made into some nefarious conspiracy.

ETFs I Don't know what that means? What are you talking about I Don't know the conspiracies surrounding ETFs AMC filled the Gap Nice Gaffvilles do play out insecurities as well I Think that's important to note? Um, but in terms of the odds and like the mathematical breakdown of the situation, you would want to test that individual security man. They are really really liking that manufacturing report. Really, really liking it. But text not following Tesla's not following Nvidia is not following Apple Apple just got a pop Microsoft not following Amazon got a little bit of a pop.

What about Walmart I'm looking at the consumer defensive plays Target Uh Home Depot Riven I Think the Spy is actually going to get smacked I There's too many big players that are not doing well today. Uh I don't despise acting a little bit too strong I mean Apple's doing all right Apple bounced a little bit. Apple's red on the day Microsoft's not looking the best. we're just not seeing the big Tech Google's having a good day.

It's up one percent. I'm trying to figure out where the strength and the Spy is coming from. UNH is it from Uh Finance no Jpms down. Is it from oil oils up? XOM Um Chevron I can never remember CVX I never remember seven so oils up.

Okay, it looks like the energy sector is what's helping the market right now. but I mean I'm seeing big Tech get slaughtered Tesla Looks like it's making a run to that 200 test level. Nvidia Getting smacked Is it? How's coin doing today? Coin is up 1.5 percent. Mara Mara is down Riot is actually green on the day.

Uh, seems like the Spy is a little too strong. The small cap sector is doing well. Small cap sectors up half a percent. The cues are break even and the Spy is slightly up.

The cues are bouncing right there. Um, so intraday things are bouncing. But if you look at it, percentage on the day relative to yesterday's clothes, the spies break Even The cues are break even In the small cap sector is up half a percent. So this small cap sector is the most bullish.

and the tech sector today is the most bearish as of now as of now. as of now. as of now, maybe we should pay attention to the dollar if the dollar starts to pop here. I think the Spy is going to unwind.

Um I know I'm going against. uh, we got that. Gap Phil Oh, we didn't celebrate, we didn't celebrate that. call out I hope some of you guys made money on that.

Wall Street Love that song. Oh close is my algo doing anything? No, my algo. This bar ends at noon. So I unless the market really rips like Annie would have to really rip my algorithms.

Not going to do anything until good old noon o'clock just so everyone knows. All right watching the dot. Yeah, I don't know. Even though the dollar dipped a little bit for six minutes, the Dollar's been moving up.

I am not buying this. In fact, in fact, in fact, in fact, I might sell some premium against the spy at these elevated levels on the day, but it's really not that elevated on the chart on The Daily I'm basically waiting for a breakout above 401 or breakdown below 3 93.50 Personally, that's what I'm looking for. Uh, maybe I should wait for this 10 A.m report to come out. How much buying power do I have options? Buying power 1.4 K on this account.

Okay, okay okay okay. 1.4 K 1.4 k I'm just gonna get things geared up I'm not gonna do anything until the 10 A.m report comes out. It just it feels like this pops a little bit sauce and maybe I'm completely wrong folks. I'm not a financial advisor I'm not a fortune teller I Can't tell you where things are going, but I do think that there's various things that don't add up.

We either need to see Tech to start to pop or we need to see the dollar start to drop. but this there's too much of a mismatch and something in this particular scenario is wrong. Matt What's the code for Street Beat? Matt Matt Matt M-a-t-t It should be in the description of the video. If You go to Street Beat when you're signing up on the app.

Is it there? Yeah. Use the code mat and that's how you get your five to five thousand dollars when you get rocking with your account. AMC Call options. Let's go Uh no I'm not paying AMC Call options I Think that's a great way to lose money.

Math is disliking and liking back and forth cause more engagement if I like and liked 100 times What? I don't think so Kinky Kong Hey Matt and gang miss you all have been working on things in AI I'm up early enough to say hi though. uh, what's going on KiKi Kong it's been Amendment it's been a minute I was actually talking to the discords like where's Kinky Kong been at and I heard that you're working on some pretty cool things so I do wish you the best of luck and I hope when it's done that we can chat again. Still a name that I will never not laugh about when you're in here. someone said I missed something um Matt if I open a 0 DTE call Credit spread against this buy and inspires worthless at the end of the day.

Does that count as a day trade? I'm on Robinhood so I don't use Robinhood but I recently did that on TD Ameritrade and it did count as a day trade because they didn't let it expire worthless. They closed it like right at the end of the day like The Brokerage closed it and Robinhood might do that to you So I think it's going to be brokerage specific I can't fairly comment on Robinhood because I've never traded any vertical on Robinhood foreign you need to play AMC calls come on Matt YOLO It's Only Money I've lost enough money on Rob or on AMC that I don't need to lose anymore I'm happy with my current position and I pray that it comes back, but I just I would feel more excited about it if I thought Adam Aaron was a good person I don't I think he's lying to people I think he's full of I think he's a charlatan I think he's selling snake oil I think he's being intentionally deceitful so it makes me less excited to be supportive of them just because like he's continually lying to people who are uninformed about the market trying to tell people that dilution pushes stock prices up. He's so full of he's so full of he's trying to talk about how the most recent quarter was amazing, but if you look at the numbers, by any definition, Q4 was bad. It was worse than Q4 in 2021 in all metrics and like to me, it's just I think people are getting tired of this AMC oh uh, worse than SPF No I don't think anything Adam Aaron has done is actually like illegal.

What SPF did it allegedly did seems pretty illegal. What about shorting? Norwegian uh Norwegian already dropped Oh wait, did I now miss it? It's not 10. I'm waiting for that 10 a.m report to come out because I'm worried it might pop it a little bit more. but I want to sell more premium against the Spy here I'm just waiting I'm waiting I'm waiting I'm waiting I'm waiting I'm waiting I'm waiting I'm waiting.

Come on, come on, come on, come on. what are we at? We are, uh, a minute 30 out I just I Want Tesla to get rocked I Want the dollar to pop I Want Nvidia to pop? I Just actually, we can figure out where this is all coming from pretty easily. Uh yep, the strength is the energy sector as we kind of caught it before. A little bit in the Industrials things like Caterpillars seem to be up materials up, so this is the sector that's keeping things green.

well. A little bit of success in semiconductors as well, but as you can see this, this is the S P 500 heat map. Um, looks like Christmas but the big Tech players are going a little bit red, a little bit red. uh Bitcoin Currently trading just below 24 000 Ethereum bouncing off if it's trend line trading at 16.5 All right and video looks like it's about to crack Tesla not doing any If you guys if Tesla starts to crack, please let me know.

But I want to see what's going on with Apple I Want to see what's going on with Microsoft Uh, what's in? How's Rivian doing? Rivian getting smoked Neo got smoked but now just going flat down 3.5 percent. Uh, how's AMC doing uh getting hit, Ape getting hit Gme. It seems like the market in like a general sense, is now getting hit. uh or is oil.

Now no oil's still going, so oil is the strong play. Uh A A Did circumvent a no vote for delusion by creating Ape, then deluding that emerging back to AMC Yeah, that's why I think people like that 10 a.m report at least at first and now it's getting. What Is it? Chaos. Pure chaos.

All right. All right. All right. All right.

All right. All right. Is it time to make a trade? Is it the dollar still going up? All right? Let's do it. Uh, let's take advantage of this.

409. Uh, we need to switch this to a vertical. Uh, we're gonna do 409. Uh, we're gonna sell this 409.

uh. we're gonna spread it by 412. that means we could do three of them. One two three.

We're gonna do it for 56. Confirm and send. All right I placed the position Did it get filled and it just got filled? All right. So you guys I did another spread I did a 409 by 412 on the Spy I did a call Credit spread.

Um so it is this guy right here. 409 by 412. it's these first two. The premium I got was 55 56 cents.

So if we get to March 17th and the spies below 409 I keep all the money. this is a call Credit spread not a debit spread. So um I sold the 409 I bought the 412 as you saw I did that simultaneously I get all of the money if we're below 409. my break even is just ahead.

Uh, just above 409.50 and the chance of this making money I Picked a 19 Delta So there's an 81 chance as of now based on volatility that I make money off of this play. but it's these first two that I just um, this is a play. it's a vertical so I sold the call and I bought a call I sold the 409 I bought the 412 I did it simultaneously. the expiration date is March 17th.

The credit as in the difference between the two was about 55-ish since I think 56 something like that and that was the play that I literally just placed and I I waited for the burst of volatility to come. I was a little bit bearish minded just because like I saw I saw the dollar going up I see Tech being a little heavy and I thought that the pump in the Spy was a little bit unwarranted. So I think it's a matter of time and even if I'm wrong on the day I have till March 17th and I wouldn't really be nervous about this play unless the Spy gets above 401 to 402. So even if today we pushed 398 400 like if we even stay in here I don't care because all I need all I need is for this to be below 409 I don't care if it's at 408.99 does not matter to me as long as the Spy is below.

where is it? March 17th right here. As long as we get to this day, it could trade however it wants. But as long as we get to this date which you guys can't see, as long as we get to March 17th and we are below 409 I Keep all that money. Uh, and the amount of money? Let's just say it was 55.

It was either 55 or 56 in credit I did three of them. So we're talking over a hundred fifty dollars. Um, and it. It's like I said that's going to be the max profit.

So I Think something psychological I Understand that Allure to the concept of buying calls and buying puts because technically your gains are pretty much uncapped. Well puts, they aren't because the worst they could go is zero. But let's just say that they're pretty much uncapped. Um, so people like that, the the idea, the potential of it going massively in your favor.

Unfortunately, when you're in situations like that, the odds are not in your favor I Just did that. and granted it's not the biggest money. but to me, a hundred fifty dollars like that's great. Like I could buy groceries I could pay bills like I care about about that hundred fifty dollars Like it does matter to me.

Um, and I'm gonna take that when I have over an 80 chance. So basically it's just stacking the deck in my favor. that's how I view it. Uh so and I just waited for the volatility pop to get a little bit more juice on those.

A little bit more juice any? Is there any questions on that? Uh U.S Construction spending Actual down point one percent versus point four in previous estimate was an increase of 0.2 us ISM Manufacturing Actual 51.3 versus 44.5 The estimate was 45.1 Shout out to the profit posting all these numbers for us. Um, Us: ISM Manufacturing PMI Actual 47.5 7 and the estimate was 48. Hey Matt Quick question. So your maximum loss on those spreads is roughly 250 Exactly the way you compute maximum loss when you're doing credit spreads is the difference between strikes I did 409 by 412 So the difference is three AK 300 and then you would subtract the credit you received.

so uh, I Just like obviously you did the math correctly. I Just want to explain it to everyone else: When you're doing a vertical, a call or or put it doesn't matter, a credit vertical you take the difference between the strikes and then you subtract the credit you received. So my difference 412 minus 409 is three AKA 300 minus the 0.5 I received Ak-55 So basically my risk is 250. so I'm risking 250 to get 50, but the odds of me getting money are 81 percent and thus far it's already been paying off.

and this is the type of stuff that I will be covering in the newsletter. And like I guess this is an idea and like I guess I view This as like this isn't me running the community I view this as our community and like I I Talked about this a little bit with all of you guys, but are you gonna like that? like would you find like I just want to help people understand the markets a little bit more and ideally make a bit more money. Is that something you're going to find useful like a daily or a Weekly Newsletter letter where I'm like hey, these are all the positions I'm in. these are all my new ones.

These are all the profits I took I could throw in seasonality there I can throw in the robot trades like I just want to provide more value to all of you. So like would you guys find Value in like that newsletter setup where it just comes to your inbox at the end of the day and this is what I did on the day and I could even put in the odds and then obviously if you have questions like you could DM me like that type of stuff. simple instruction okay and I like because I think when you see it on paper it's like one thing if you're watching but then I know some of you guys have work and you're like well hang on What did he just do and I feel like if it's written it's something that you could come back to and then if you miss it like it seems like it would be a little bit better. Yes, if you explain why you took the position, okay, that's a great add-on I could like and so what I articulated to all of you of in Here and Live I can write that down be like okay I saw the dollar popping I saw text selling and yet the Spy was going up.

so I thought something was going to go bust. Okay, like I could totally do that. and honestly I think I'm more excited about. Well I'm not excited about losers, but I think more can be learned about my losing trades.

So for example, like I'm going to be very open of the fact that I have Tesla puts and Q puts that are kicking the my balls into my pelvis right now. So you're gonna see why I took it. You're gonna see my reasoning for why I took it and then you're going to see why it all plays out like I'm going to call it out as I get into the play. Um, and you're gonna probably see that my directional bets as in the Tesla puts the Q Plus are the shittiest plays or I just end up getting lucky and then the mathematically backed plays such as Selling Premium and the Algo and the Futures market.

And we could also do street beat updates because that's another algorithm that's where the money is. But right here. we kind of called it out the Spy. This push didn't make sense.

The dollar was showing strength, Tech was showing weakness. The only thing keeping Tech up was energy and it just wasn't enough. Like the energy block itself, all of the energy is pretty much the size of Apple. Do you realize that's why these are all sized accordingly to their weighted impact on the S P 500.

Almost all of energy we're talking about Exxon Chevron blah blah blah blah blah. All of these energy plays pretty much add up to just the size of Apple a little bit bigger than Microsoft or maybe Google and meta together. So this is why there's an emphasis on these large Tech plays is because they are freaking Goliath and they have a huge impact on on what's going on in the spy. And they definitely have a massive impact on what's going on in the queues.

Where do you sign up for the newsletter? It's all going to happen on locals. So like, if you're already on locals, you don't have to do anything else. I'm not spinning out like a sub stack or anything like that. It's already all where you guys should be on locals.

Pinned to the top of chat. there's a free version. There's a paid version. You could get the paid version for free by putting in the code goonie for a month to see if it's appropriate for you.

but I don't want to do like a whole nother thing because at a certain point like how many different things I'm like oh I have to sign up for Matt's thing here here here here. uh I think the more Consolidated the better Matt Could you recommend an AI training service available for folks outside the Usia? Canada Europe Yeah shriepie. I'm pretty sure Street Beat Uh has all the clearances uh, it needs and it trades in Europe I'm not sure about Canada I'd have to double check that, but I'm pretty sure they already actually have a large following in Europe Do you see Tesla as a good stock to hold long term? Tesla's a good discount to buy um I don't think it's I yes and then no or my answer is Tyler I I Personally